Foodshot Global Inc
- Assets
- $602.9k
- Revenue
- $551.5k
- Investments
- $0.0
- Employees
- 2
- Location
- New York, NY
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 82-3018724
Organization Overview
Foodshot Global Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Foodshot Global Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodshot Global Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Foodshot Global Inc generated $551.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $586.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WORKING TO TRANSFORM THE FOOD SYSTEM INTO ONE THAT IS MORE HEALTHY, SUSTAINABLE, AND EQUITABLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL FOODSHOT CHALLENGE- THE FOODSHOT CHALLENGE IS AN ANNUAL COMPETITION THAT SEEKS TO IDENTIFY AND SUPPORT SCALABLE, IMPACTFUL, AND INNOVATIVE SOLUTIONS TO GLOBAL FOOD CHALLENGES. DEVELOPMENT AND IMPLEMENTATION INVOLVES: COLLABORATING WITH STAKEHOLDERS TO SELECT THAT YEAR'S CHALLENGE AND CREATE OBJECTIVE, NON-DISCRIMINATORY CRITERIA BY WHICH SUBMISSIONS WILL BE EVALUATED; VETTING SUBMISSIONS; AND PROVIDING IN-KIND AND FINANCIAL SUPPORT TO CHALLENGE FINALISTS AND WINNERS.PUBLIC OUTREACH AND EDUCATION- PROLIFERATING FOODSHOT'S CHARITABLE AND EDUCATIONAL MISSION THROUGH ITS STAKEHOLDERS' NETWORKS AND ISSUING A GLOBAL CALL FOR SUBMISSIONS FOR INNOVATIVE, SCALABLE SOLUTIONS TO ADDRESS THE CHALLENGE.FACILITATION OF AN INTERDISCIPLINARY NETWORK - COLLABORATING WITH A CORE GROUP OF GLOBAL, INTERDISCIPLINARY STAKEHOLDERS CONSISTING OF LEADERS IN INVESTMENT, INNOVATION, INDUSTRY, RESEARCH AND ADVOCACY TO SELECT THAT YEAR'S FOODSHOT CHALLENGE AN EXISTING PRESSING OBSTACLE TO THE HEALTHY, SUSTAINABLE AND EQUITABLE FOOD SYSTEM FOODSHOT SEEKS TO ACHIEVE, SUCH AS POOR SOIL HEALTH OR FOOD WASTE. FOODSHOT AND ITS COLLABORATORS WILL THEN SHINE A LIGHT ON THE MANIFOLD CAUSES AND INTERRELATED ISSUES UNDERGIRDING THIS ANNUAL CHALLENGE THROUGH ITS PUBLIC EDUCATION AND OUTREACH ACTIVITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Eckhouse Executive Director | OfficerTrustee | 40 | $180,388 |
Victor Friedberg Chairman | OfficerTrustee | 10 | $0 |
Rajiv Singh Co-Chairman | OfficerTrustee | 1 | $0 |
Rebecca Cross Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $551,457 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $551,457 |
| Total Program Service Revenue | $0 |
| Investment income | $50 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $551,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $335,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,388 |
| Compensation of current officers, directors, key employees. | $13,314 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,198 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,982 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $815 |
| Fees for services: Accounting | $7,109 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,623 |
| Advertising and promotion | $4,000 |
| Office expenses | $485 |
| Information technology | $6,240 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,369 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,986 |
| Insurance | $2,400 |
| All other expenses | $0 |
| Total functional expenses | $586,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $592,065 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $851 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $10,000 |
| Other assets | $0 |
| Total assets | $602,916 |
| Accounts payable and accrued expenses | $11,608 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,608 |
| Net assets without donor restrictions | $210,233 |
| Net assets with donor restrictions | $381,075 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $602,916 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foodshot Global Inc has recieved totaling $575,000.
| Awarding Organization | Amount |
|---|---|
The Chicago Community Trust Chicago, IL PURPOSE: TO SUPPORT FOODSHOT GLOBAL, AND GROUNDBREAKER PRIZE | $350,000 |
Foundation For Food And Agriculture Research Washington, DC PURPOSE: RESEARCH | $200,000 |
The Grantham Foundation For The Protection Of The Environment Boston, MA PURPOSE: SOIL HEALTH STARTUP ACCELERATOR PROGRAM | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chester County Food Bank Exton, PA | $14,718,999 | $9,745,576 |
Model Organic Farm Foundation New York, NY | $4,881,242 | $2,948,859 |
Refed Inc Long Island City, NY | $3,245,213 | $3,044,504 |
White Feather Farm Inc Saugerties, NY | $1,952,913 | $1,416,686 |
Just Roots Inc Greenfield, MA | $647,871 | $1,682,213 |
Vermont Farm-To-School Inc Newport, VT | $358,429 | $1,076,171 |
White Feather Forest Inc Saugerties, NY | $359,824 | $75,416 |
Marthas Vineyard Chamber Of Vineyard Haven, MA | $828,061 | $1,239,332 |
Common Market Mid-Atlantic Incorporated Philadelphia, PA | $1,938,202 | $6,499,769 |
Pitney Meadows Community Farm Inc Saratoga Springs, NY | $3,433,291 | $1,027,311 |
Connecticut Restaurant Association Inc Farmington, CT | $762,471 | $846,615 |
Common Ground Farm Inc Beacon, NY | $214,026 | $737,294 |